Fortune magazine is America's second longest-running business magazine after Forbes magazine. Henry Luce founded the magazine in 1930. His publishing business, consisting of Time, Life, Fortune, and Sports Illustrated, grew to become Time Warner, the world's largest media conglomerate, before it was acquired by AOL in 2000.

Fortune is especially known for its annual features ranking companies by revenue. (More news from Wikipedia.org)

Cover Story: The business of luxury

Luxury goods have grown into a $220-billion-a-year industry. In the following stories, Fortune takes a look at the companies and the people behind the boom.

Ralph Lauren: Inside the $4 billion Polo empire

By John Brodie, Fortune assistant managing editor
Going global and upscale while creating a new in-house brand for J.C. Penney, Ralph Lauren wants to sell all things to all people.

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